Business guide for AZ residents and local business owners.

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The U.S. economy has undeniably grown over the long years. Its present economic expansion has lasted for more than five years and even though economy status look amazing today, the possibility of another economic downturn is possible.

The election result recently, which put Donald Trumps in the highest position in the country, is also a big win for those who have suffered the burden of the recent Great Recession and the fast changing economy. Because of newly elected President, for the first time in so many years, their agony and complaint were heard and utilized in a national political victory. But, even though Trump has won the election, this doesn’t guarantee his success in the real war. The possible problems that he might face along the way, not only in politics but in rebuilding the foundation of the country.

Countless towns have deteriorated; numerous people suffering from famine and homeless people increased; too many businesses have given up, close their stores and left; many people lost self-identify and respect. This is the real war- the war that the new president should win

At present, the society also searching for the possible options that may have greatly affect their lives due to economically distressed happening in their area. First, is to find a place where high paying jobs are offered; second, to be more focus in educating themselves and priority the education for their children, and lastly the social welfare that may be given to their families. These options do not equally provide to the actual needs and predicament of American people into affected areas so, the unplanned consequence has been the increased of the social welfare rolls and the main cause of it is the desperation of the people. It’s not that because these people want it this way but it’s because the management and leadership of their country have failed and put them down.

As of 2013, survey result says that social welfare programs have tremendously increased for four-fold and many of them expect that the country will provide what they need in order to live. Cash assistance, health care and medical assistance, education and childcare, and many other benefits that the American people need. There were three factors that identified that possibly the main cause of the increase in social welfare program participation: One in the increase in population in the US, next is the Great Recession that happened in 2007-2009 and the recovery is very slow, and lastly the steps that were conveyed by the lawmakers to create new programs that will make more extensive in the eligibility of the current programs.

But mind you, this is not the only reason why the country needed new solutions that will address the most important part of the economic challenges that the United States of America will be faced in the 21st century. The advocacy of Donald Trump for protectionism and another form of presidential activities within the US economy is not enough to solve the problem. It may maintain some jobs in the US but it may only cause a related impact on the lives of the people that the country will be intended to help. The president’s way of approach may help a few people but will not address the real challenges that the country is facing right now.

Cross-subsidization of divisions within a firm that will come from the private sector might help in small business to grow. Through these, the decaying towns, the small stores that closed might stand up again and enable their businesses to grow again. The federal government should elevate the burden of corporate taxes and lessen the regulatory burden on small and starting business to give them a chance to accelerate and grow. By giving vitality and enthusiasm to local, micro-economies, towns will stand up again, restored their dignity and feel renewed.

The new President’s solutions might help mend the economy of the country but yet it did not even close in winning the real war for the American people. Another way is really necessary not only to lift up the country’s economy to grow but also for the Republic to prosper.

Being one of the headquarters of notable companies, Arizona becomes one of the nation’s fastest growing states in the United States of America. To be able to maintain its economic standing, the state has its remarkable platform that assisting the world’s leading companies and potential startups, from number one manufacturing big companies to high-technology people that introduce new methods, ideas, and products. It also builds an important policy reform that invites high-wage job creators to the state and provides support for both large and small businesses.

Elected for 4 years term, the governor of the states aiming at making sure that Arizona will be the leading place in the country in terms of living, jobs, recreation, education and business. Reducing regulations, cutting troublesome taxes and strengthening Arizona’s pro-business environment to be able to help companies of all sizes has been the governor’s goals and mission. Arizona demonstrated this commitment by having economic development tools and pro-business ameliorate that support active business and innovation ecosystem and also helps to get real growth for global companies, innovators, and entrepreneurs.

Known that leads nationwide in entrepreneurial activity, Arizona continues attracting world’s top companies. Last February, two giants in their respective industries have invested in the state. First is the Apple, which made a 30-year contract of commitment to Arizona which establishes a $2-billion Global Command Center for the company’s global networks that bring hundreds of quality jobs to the region of Mesa and the Greater Phoenix. The second one is the Chicago-based Northern Trust, a financial services leader which operate globally, with a prestigious history of excellence. The company will give a thousand of jobs which will assist its banking business for both national and international that will fulfill its long-term growth needs and demands for services.

The accessible location of the state, modernize infrastructure for transportation, big universities in the states, leading medical centers for research and a high-skills top talent in an organization of the Arizona provides access to major regional and international growth markets and delivers world-class services for top businesses. Also, the state’s entrepreneurial community has made Arizona into a center for innovation, technology development and research with companies growing operations statewide.

Arizona Commerce Authority’s Arizona Innovation Challenge, the business plan competition which awards qualified, companies that only starting and aiming to be successful, they provides capital to the business people whose dreaming of having a business of their own but don’t have enough money to start with. Venture Madness, another business plan competition with an annual bracket-style pitch that attracted business that showing signs of success in business world across the Southwest region and Phoenix. Startup Week, that gives community-operated series of events that hosted over a thousand of entrepreneurs with more than hundreds educational and training sessions for startups across Valley. A different competition which provides opportunities for entrepreneurs to accelerate and grow fast. Help businesses become advance in an idea of commercialization through providing technical expertise training, mentorship, and funding. These developments will surely help continue to strengthen Arizona’s infrastructure helping startup formation and business growth giving the chance for more jobs and opportunity for all people of Arizona.

Through the combined efforts of the state leaders, the cooperation of all the cities and towns, the support of economic development community, selective academic institutions, and people behind the successful business arising in the state, all of these will continue to make Arizona a great place to live and a perfect choice for companies to start a business and accelerate.